FOXNEWS Americas News Headquarters August 7, 2011
washington fueled the fear that no debt deal, big downgrade. instead, the deal was done but the downgrade still hit. s&p one of the three major rating agencies took down america's credit rating for the first time in history. why? not just because there wasn't enough cut from the deficit. but the answer involved a committee. a favorite cop-out in the capitol. seal a deal when no other compromise can be caught. what does it mean? look at first world markets trading in the mideast tumble on the first day of business, including in israel, which includes many tech stocks popular with amer...